digital lending

Exclusive: Techstars-backed BlackCopper set out to disrupt lending, now it owes investors ₦1 billion

Lending is a tough nut to crack, and Nigeria’s biggest banks, valued at trillions of naira, know this too well.…

4 months ago

Credit Direct, the digital lender with ₦4bn in 2023 profits wants a bigger piece of the pie

Digital lending is notorious for teaching expensive lessons. While every lender will talk up their proprietary algorithms and foolproof loan…

6 months ago

Tanzania targets predatory loans: Central Bank excludes unlicensed apps

Tanzania’s Central Bank will no longer allow unlicensed digital lenders to operate in the country and has told customers to…

6 months ago

Who calls the shots at Sycamore?

Sycamore, a Nigerian fintech startup, offers loans for individuals and businesses, including salary and business loans. It also enables users…

8 months ago

Crackdown on unlicensed companies cuts digital creditors in Kenya to 51

Before consumer protection laws were passed, any lender could run a digital credit business. Kenya has approved the operation of…

8 months ago